Kip McGrath (Australia) Market Value
| KME Stock | 0.48 0.02 4.35% |
| Symbol | Kip |
Kip McGrath 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Kip McGrath's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Kip McGrath.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Kip McGrath on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Kip McGrath Education or generate 0.0% return on investment in Kip McGrath over 510 days. Kip McGrath is related to or competes with Aneka Tambang, BHP Group, Rio Tinto, Macquarie Group, Westpac Banking, Australia, and ANZ Group. Kip McGrath is entity of Australia. It is traded as Stock on AU exchange. More
Kip McGrath Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Kip McGrath's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Kip McGrath Education upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.69 | |||
| Information Ratio | 0.0142 | |||
| Maximum Drawdown | 15.15 | |||
| Value At Risk | (4.65) | |||
| Potential Upside | 4.55 |
Kip McGrath Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kip McGrath's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kip McGrath's standard deviation. In reality, there are many statistical measures that can use Kip McGrath historical prices to predict the future Kip McGrath's volatility.| Risk Adjusted Performance | 0.0555 | |||
| Jensen Alpha | 0.1329 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.008 | |||
| Treynor Ratio | 0.8007 |
Kip McGrath Education Backtested Returns
Currently, Kip McGrath Education is abnormally volatile. Kip McGrath Education has Sharpe Ratio of 0.0638, which conveys that the firm had a 0.0638% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kip McGrath, which you can use to evaluate the volatility of the firm. Please verify Kip McGrath's Risk Adjusted Performance of 0.0555, mean deviation of 1.6, and Downside Deviation of 4.69 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Kip McGrath has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kip McGrath's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kip McGrath is expected to be smaller as well. Kip McGrath Education right now secures a risk of 2.64%. Please verify Kip McGrath Education sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Kip McGrath Education will be following its current price movements.
Auto-correlation | -0.7 |
Very good reverse predictability
Kip McGrath Education has very good reverse predictability. Overlapping area represents the amount of predictability between Kip McGrath time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kip McGrath Education price movement. The serial correlation of -0.7 indicates that around 70.0% of current Kip McGrath price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kip McGrath Education lagged returns against current returns
Autocorrelation, which is Kip McGrath stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Kip McGrath's stock expected returns. We can calculate the autocorrelation of Kip McGrath returns to help us make a trade decision. For example, suppose you find that Kip McGrath has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Kip McGrath regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Kip McGrath stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kip McGrath stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kip McGrath stock over time.
Current vs Lagged Prices |
| Timeline |
Kip McGrath Lagged Returns
When evaluating Kip McGrath's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kip McGrath stock have on its future price. Kip McGrath autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Kip McGrath autocorrelation shows the relationship between Kip McGrath stock current value and its past values and can show if there is a momentum factor associated with investing in Kip McGrath Education.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Kip Stock Analysis
When running Kip McGrath's price analysis, check to measure Kip McGrath's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kip McGrath is operating at the current time. Most of Kip McGrath's value examination focuses on studying past and present price action to predict the probability of Kip McGrath's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kip McGrath's price. Additionally, you may evaluate how the addition of Kip McGrath to your portfolios can decrease your overall portfolio volatility.